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Ripple has emerged as the threat to long-established SWIFT and from that moment on the talks the best solution for international remittance service never ends. In this month, the managing director of Ripple Lab Inc of San Francisco, Brad Garlinghouse and outgoing CEO of SWIFT, Gottfried Leibbrandt will speak one by one in the next Blockchain Economic Forum. The conference is based in Davos, Switzerland, for two days, ie on 24 and 26 January 2019.
The announcement has received the main attention since Gottfried was recently on the bulletins on his terms to leave the chairman of the CEO of SWIFT. It is interesting to note that these titles emerged immediately after Ripple addressed "the growing problems that users have to face using the SWIFT service".
The Blockchain Economic Forum initially focuses on the encrypted economy and its growing influence on the global economy. However, the official announcement of the conference reads,
The emergence of a blockchain central bank for developing countries and the potential for structural change in capital markets is the key topic of this LATOKEN BEF. We collect over 100 high-profile economists, regulators, government officials, investors and bankers for in-depth desk discussions and unexpected personal histories for informal night receptions.
Along with Brad and Gottfried, there are many other industry leaders, economists, fintech players, government and activists who are marking their presence. Few leaders include Rosen Plevneliev (former president of Bulgaria), Alex Cukierman (Bank of Israel & # 39; s Monetary Committee), Ashish Dev (Board of Governors of the Federal Reserve System) and otherwise.
While SWIFT is uncertain about the adoption of blockchain technology, Ripple, on the other hand, continually captures the interest of fintech players. Considering SWIFT as the old method, people used to transfer money internationally, Brad Garlinghouse said that "no less than 100 SWIFT-related banks are more optimistic about Ripple's underlying technologies.
"SWIFT said that not so long ago they did not see blockchain as a solution for the corresponding bank, we have over 100 customers who say they do not agree," says Brad
However, the growth of Ripple is not completely stopped at SWIFT, while Ripple becomes too big, SWIFT has embraced "GPI, a new standard in global payments for banks to address the existing problems that their customers are facing.
What do you think of the next round table between Brad and Gottfried? Share your opinion with us
